ittechs310
Junior Member
- Jun 30, 2009
- 189
- 3
I read the excerpt below and now it has me thinking. Have you ever seen an example where someone purchased a domain name for 10 or 20k then marketed it heavily and sold it for 200k or more?
Is this possible?
Excerpt from an email
"Everyone should have Amy Schrier's problem.
For six months, she resisted selling the domain name Blue com
for $200,000. Using a formula she devised to fetch the
highest market value for domain names, Schrier eventually
convinced a private party that Blue.com was worth $500,000.
"The market will really explode when people realize they
are sitting on premium real estate," says Schrier, 37, an
entrepreneur in New York who bought Blue.com for $65,000
in 2002."
Is this possible?
Excerpt from an email
"Everyone should have Amy Schrier's problem.
For six months, she resisted selling the domain name Blue com
for $200,000. Using a formula she devised to fetch the
highest market value for domain names, Schrier eventually
convinced a private party that Blue.com was worth $500,000.
"The market will really explode when people realize they
are sitting on premium real estate," says Schrier, 37, an
entrepreneur in New York who bought Blue.com for $65,000
in 2002."